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 Replies: 25 / Views: 3,314 |
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Rest in Peace
United States
5375 Posts |
I laughed out loud at the 'bicuriously' too...
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Rest in Peace
United States
4849 Posts |
Quote:Coinhunter, ebay and Paypal take somewhere in the neighborhood of 15% of the sale price. If he sold them for $88,000 he would only receive around $75,000. Under your estimates he would lose $5000. Since shipping is free he is also losing several hundred more dollars. He'd have to be under 3 cents each for this to pay off. This isn't quite true. ebay fees get exponentially lower percentage wise the higher the price. Paypal is constant, but it's only a couple of percent. He would really only lose 3-4% total to fees, which is a huge advantage to selling bulk. |
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Valued Member
United States
397 Posts |
I'm trying to convince a few investor friends of mine to let me buy the lot and sell it off by the pound.
And no , the guy is NOT from realcent, they've been talking about the lot too. I think he's from one of the big coin forums (not this one though).
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Moderator
 United States
16679 Posts |
Shipped to your home by Big Rig.
Can you imagine your neighbors!
"Hey Dave, what you got there?"
"Nothing, mind your own business!" :o
swcoin.ecrater.com
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Valued Member
United States
460 Posts |
Here are the fees breakdown...
Insertion = $0.50
FV Fee = $1802.50
PayPal = 2552.30
Total = $4355.30
It would save him money if he did this as a auction instead as FV Fee would only be $100 max so he could lower it by $1700 right there. I wonder how low of a best offer he would take?
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Bedrock of the Community
United States
10635 Posts |
You ready want this guys leftovers? I'd bet there isn't one decent coin left in there.  |
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Bedrock of the Community
United States
10635 Posts |
The only "value" I see in these coins is to buy the lot and re-sell them on ebay by the pound as your Grandpa's long lost unsearched hoard.  |
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Bedrock of the Community
United States
10635 Posts |
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Pillar of the Community
United States
968 Posts |
I totally forgot that the ebay fees drop of considerably after the first $100 or so (forget the exact amount). Still, I think his margin is too low to make this worth while. |
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Valued Member
United States
87 Posts |
Geez how could he save so many!
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Replies: 25 / Views: 3,314 |
First Page
Posted 10/08/2011 11:59 am
